Tuesday, 02 January 2024 12:17 GMT

First Japanese Oil Tanker Passes Strait of Hormuz Since Conflict Began


(MENAFN) A Japanese crude oil tanker has successfully passed through the Strait of Hormuz, marking the first such transit since the outbreak of conflict in the Middle East, according to reports based on shipping data.

The very large crude carrier (VLCC), owned by Japanese refiner Idemitsu Kosan, completed its passage on Tuesday after departing Ras Tanura anchorage in Saudi Arabia on April 17. The vessel had remained in Saudi waters since late February before continuing its journey.

The Panama-flagged ship is reportedly transporting around 2 million barrels of Saudi crude oil.

Earlier this month, another milestone was recorded when a Japanese liquefied natural gas tanker also transited the same route.

Japan relies heavily on energy imports, with roughly 90% of its supply coming from Gulf countries. In response to previous supply risks, Japan has been among the first nations to draw from its strategic oil reserves during periods of disruption.

The Strait of Hormuz, a critical global energy chokepoint through which about one-fifth of the world’s oil and liquefied natural gas passes, has experienced heightened instability since March following regional military tensions. Despite disruptions, maritime traffic has gradually resumed as conditions stabilize, though concerns over long-term security of the route remain.

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